TUUNGANE FOUNDATION

Let’s Unite to Build Today the Africa We Want Tomorrow

Tuungane 2X na Absa

Let’s Unite to See Her Empowered

Tuungane in Kiswahili means « let’s unite » and is a one of a kind program aimed at supporting SMEs operating in Africa to become investable and provide them access to a pathway to finance.

The first edition in 2020, aimed at supporting impact ventures from Africa to partner with impact ventures from Europe to solve critical sustainable development goal.

This year, the Tuungane 2X’s Let’s Unite to See Her Empowered Program focuses on women empowerment and women-focused ventures in Kenya following the 2X Challenge Criteria, Melanin Kapital aims to contribute in closing the gender funding gap and the labour gap by equipping entrepreneurs with the necessary financial skills and access to funding opportunities that can enable them to be successful. Notably, the program enables women-focused ventures to improve the structure of their businesses, promote their solutions online and connect them to investors curated by Melanin Kapital. Absa bank will then offer the possibility for the best entrepreneurs to get a collateral-free business loan for an amount up to KES 3 million.

We designed an intensive
6-month investment readiness program that accelerates your access to finance

  • Step 1 – The Academy
  • Step 2 – The Startup Lab
  • Step 3 – The Club
  • Step 4 – The Financing

Step 1 - The Academy

Learn about fundraising pre-requisite and expectations from impact investors.

Step 2 - The Startup Lab

With the support of a mentor, prepare the documentation necessary for your fundraising.

Step 3 - The Club

Network with potential business partners to build traction for your business.

Step 4 - The Financing

Present your investor-ready business to our partner Absa Kenya who will provide unsecured loan facility up to KES 3m.

The Program

Providing SMEs with an entire pathway towards access to finance